GOLD PRICE IN JAPANESE YEN — SEPTEMBER 12, 2008
💱 XAU/JPY · Friday, September 12, 2008
On Friday, September 12, 2008, the gold spot price was C$806.22 per troy ounce in Canadian Dollars, equivalent to ¥84,088.75 JPY per ounce or ¥2,703.51 JPY per gram. Gold rose +1.19% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — SEPTEMBER 12, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$806.22 | C$25.92 | C$25,920.54 |
| JPY | ¥84,088.75 | ¥2,703.51 | ¥2,703,512.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$795.83 | ¥83,005.07 |
| High | C$801.66 | ¥83,613.14 |
| Low | C$795.83 | ¥83,005.07 |
| Close | C$806.22 | ¥84,088.75 |